Palladium looking to correct lower

- Overhead resistance from the weekly DTL
- Invalidate if price broke above 650 and trade above the DTL
- Looking for an ABC wave lower and for price action to stay within this bearishdown channel
- Weekly RSI is overbought - perhaps dead cat bounce is over now
- Retest of previous low is possible
- Caveat is palladium prices can be very volatile

Trade active:
Weakness prevail
Short initiated and looking to let it run though stops moved to break even